India to overtake UK and France next year; to become 5th largest economy: Report
The Dollar Business Bureau India looks set to overtake the economies of France and Britain in 2018 to become the fifth largest economy in the world in dollar terms, according to a report by one of the leading economics consultancies in the UK. The World Economic League Table 2018 by Centre for Economics and Business Research (Cebr) consultancy painted a positive view of the world’s economy, supported by cheap prices of energy and technology. India’s rise is a part of the trend that will witness economies in Asia increasingly dominate the 10 biggest economies in the coming 15 years. Douglas McWilliams, Deputy Chairman, Cebr said, “Despite temporary setbacks, India's economy has still caught up with that of France and the UK and in 2018 ...
India to be third largest economy by 2030: UK think tank
The Dollar Business Bureau India would overtake Britain to become the largest economy in the Commonwealth in 2019 A study report released by the UK-based Centre for Economics Business and Research (CEBR) has put the Indian economy in a bright spot, underlining that India, riding high on its rapid-pace economic growth, is likely to become the world’s third largest economy by 2030. The report asserted that India has made a bright start in 2015 with faster economic growth than China for the first time in recent years. However, the world’s ninth biggest economy has still a long way to go to overtake China – currently the world’s second largest economy, only behind the US. “India is now starting to catch ...
